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Lottery Jackpots Has NJ Playing At A Fever Pitch

millionsThe push is on today as New Jersey builds on its lottery momentum.  In a week that has seen one multimillion dollar winner, state lottery officials were out earlier today to see if the state could go 2-for-2 with tonight’s Mega Millions Lottery drawing, which has hit one of its highest jackpots in the lottery’s history.

logo-p6Tonight’s Mega Millions Lottery jackpot is $290 Million – the 8th highest the jackpot has ever reached for the game.  The urge was happening today when Carole Hedinger, Executive Director of the New Jersey lottery, said a New Jersey winner would mean back-to-back lottery victories for the state, after an unknown player won $70 million in a Powerball jackpot on March 21.  The odds of New Jersey having the Powerball winner and the Mega Millions winner be back-to-back is truly incalculable!

logo-powerballThe Powerball ticket in question was sold in Monmouth County at the Little Silver Family Pharmacy.  The $70 Million ticket has a lump-sum cash value of $41.5 Million before taxes.  The store will receive some cash bonus for selling the winning ticket, but usually the amount a retailer gets is not even closer to what the jackpot winner gets (so the $70 Million winner of the Powerball should tip the store big-time!)  One trend that does seem to happen is when a retailer has sold a winning ticket for the Powerball or the Mega Millions, their lottery business seems to increase significantly.

Buying into the near record jackpot for Mega Millions tonight will give you a chance for a lump-sum cash payout of $205.5 Million before taxes – in other words more money than you can ever dream of!  Remember the Mega Millions lottery is played in 42 states (including DC and the Virgin Islands).

While you are out buying your tickets today, don”t forget to play the New Jersey Pick-6 Lotto.  The “old school” lottery that is only played in one state has a jackpot of $9.6 Million ($6.8 Million lump-sum cash option pre-tax).  When you consider the odds and the number of players, this is a good buy.

You will see a steady increase of lottery sales over this year as the questions of our economy continues to climb.  High jobless rate, high underpay rate for low-to-middle class, along with sluggish retirement savings creates the demand for the lottery.  Yes the odds are not in your favor, but that’s why they call it gambling, and where else can you have some excitement and a chance at Millions of dollars?

The New Jersey Lottery says to “Give Your Dreams A Chance”.  I know I will be doing that tonight – who doesn’t want to be retired and living the good life (and give to those less fortunate)?!?!?!

 

 

The New Jersey Pick-6 Lotto also has a drawing tonight, with a jackpot of $9.6 Million

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